More T206 price escalation?

[NotVader]

These prices are Great for the Card World!

I am noticing the mis-cut cards and funky error printer goof ones are not like they once were but the Quality cards are soaring still outperforming NASDAQ
in 5, 10 and 15 year windows.

Go Gators
CV

[Stampsfan]

Originally Posted by NotVader

These prices are Great for the Card World!

I've never understood this mentality. The higher prices go, the more limited the market is.

I'd rather see more collectors, not less.

[Sean]

I suppose that the higher prices are great for those of us who are more likely to be sellers. I'm gradually being priced out of some of the cards that I still want.

[GoCubsGo32]

I could be wrong. I think it's a couple factors.

Collectors using extra cash ( from stock market..? ) to have to reach to get items because, the hobby market is going up very fast...and it's hard to keep up. So people are paying the higher price now thinking...I won't be able to afford it in 2-3 years at this rate. FOMO. Fear.Of.Missing.Out.

It's not just with T206 but it's like that way with a lot of hobby categories especially with photos recently. Crazy prices. I know I'm having a hard time keeping up with the currently prices in the hobby.

[bbcard1]

Not that I'm in that market, but the art market has given me confidence that the high end card market still has room.

[mechanicalman]

Originally Posted by Stampsfan

I've never understood this mentality. The higher prices go, the more limited the market is.

I'd rather see more collectors, not less.

But wouldn’t more collectors mean more demand, and therefore, higher prices?

[Stampsfan]

Originally Posted by mechanicalman

But wouldn’t more collectors mean more demand, and therefore, higher prices?

Overall, yes, I agree. But the market for certain items will narrow as prices go up.

Everything is relative, so take this example FWIW. Five years ago, card X sold for $1000. Today that card sells for $5000. Person Y can deal with dropping $1000 for a card, but not $5000. That person is now out of that market.

Full disclosure... my salary has not quintupled in the last five years.

[BruceinGa]

Ok, fwiw, I'm retired. My income has been cut in half but my bills may have been cut by 500%. I don't want to do the math .